An examination of some aspects of the political Price System... as contrasted to the system of government proposed in the Technocracy Study Course.
Major conflicts have developed in the operation of our social system (Oct. 2008). Attempts to add bad corporate debt in the U. S., to the general debt of the American people, is currently the object of much contention. An effort to preserve this bad debt is being made.
This method of debt preservation is historically typical of how a political Price System method maintains its mainstream economic principles.
The assumptions of the political Price System hearken back thousands of years to an epoch of low energy conversion and class/caste control.
A problem arises when the ecological limits of growth are reached in relation to the sustainable resources of a closed system like the earth. A money based system values only profit, an abstract concept. That fails to protect the natural world, since debt tokens are not a real measurement of anything.
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